5041 Shoals Lane Chattanooga, TN ^$ 265,000

5041 Shoals Lane

^$ 265,000

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5041 Shoals Lane

Chattanooga, TN, 37416

^$ 265,000

Studio Baths0.0 Sq 1,843

Monthly Estimate*

^$ 1,632

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Studio

Multi-Family Home for sale in Chattanooga, TN

for $265,000. This 1,843 square foot home was built on a lot size of 0.36.

Duplex in a highly sought after area of Hwy 58. This would be a great one to add to your Portfolio. Both units have 2 bedrooms and 1 bath. Freshly painted and new flooring in each side. schedule a tour today

Multi-Family Active

Price

^$ 265,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,226

Style

Lot Size

0.36

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1526745

Features

General

Sewer Septic Tank

Heating Central Electric

Cooling Central Air Electric

Possession Close Of Escrow

Roof Shingle

Construction Materials Brick

Year Built 1971

Tenant Pays All Utilities

Stories Count 1

Levels One

Property Subtype Duplex

Community Features None

County Hamilton

New Construction N

Property Type Residential Income

HOA N

Attached Garage N

Subdivision Name Lake Shoals

Garage Y/N N

Status Active

Directions I 75 N to take exit 4 TN 153 N towards Chickamauga Dam Continue on 153 to Take exit 5A to merge onto TN-58 N toward Decatur Turn left onto N Hickory Valley Rd Turn right onto Harrison Pike Continue o

High School Central High School

City Chattanooga

Senior Community Y/N N

Number Of Units Total 2

MLS Area Chattanooga

Lot Size Units Acres

Lot Size Square Feet 15681.6

Carport Y/N N

Listing Terms Cash Conventional VA Loan

Elementary School Harrison Elementary

Land Lease Y/N N

Tax Annual Amount 1226.14

Home Warranty Y/N N

Middle/Junior High School Brown Middle

Lease Renewal Y/N N

MLS Area Minor Chattanooga

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Vacant

Legal Description LT 14 LAKE SHOALS SUB PB23 PG74

Exterior

Exterior Amenities Rain Gutters

Parking Features Driveway

Lot Features Sloped

Water Source Public

Lot Size Area 0.36

Foundation Details Slab

Spa N

Building Area Total 1843.0

Lot Dimensions 100X158.8

Lot Size Acres 0.36

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 1843.0

Total Baths 0

Internal Only

Street Number 1 5041

* Excluded Features

List By

The Source Real Estate Group

Broker

linda@teamlindacarter.net

Affordability Calculator

$1,734

Per Month

Monthly Principal & Interest: $1,632
Monthly Property Taxes: $102
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chattanooga, TN

Average List Price ^$361,808

Percent of Sale Price 37%

About Chattanooga, TN

184,934 Population

16% Since 2002

^$44,682 Median Income

38.38 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1547876 Elementary School

1547369 Middle School

Central High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/16/2026	$265,000		Listed Price

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5041 Shoals Lane, Chattanooga, TN, 37416 is a Multi-Family Home for sale at $265,000 with 1,843 sqft and a lot size of 0.36. 5041 Shoals Lane is a studio with 0.0 baths. The property's zip code is 37416 which is in Chattanooga, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing provided courtesy of The Internet Data Exchange (MLS Data Share) Program of The Multiple Listing Service of Chattanooga, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 1/17/2026.

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5041 Shoals Lane

Multi-Family Home for sale in Chattanooga, TN

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